State braces for moderate inflation rise amid global cost pressures

24 Apr 2026, 6:23 AM
State braces for moderate inflation rise amid global cost pressures
State braces for moderate inflation rise amid global cost pressures
State braces for moderate inflation rise amid global cost pressures

SHAH ALAM, April 24 — Selangor is bracing for a moderate rise in inflation this year, in line with the national outlook, driven by global uncertainties and higher energy as well as import costs, while maintaining targeted support measures to cushion cost-of-living pressures.

State executive councillor for rural development and unity Datuk Rizam Ismail said that geopolitical tensions, especially in West Asia, are expected to continue exerting pressure on global energy prices and supply chains, which will, in turn, affect inflation trends in Malaysia, including Selangor. 

Based on the latest data from the Malaysian Statistics Department, national inflation was recorded at 1.6 per cent in January this year and 1.4 per cent in February.

In 2026, Bank Negara Malaysia projected inflation between 1.5 per cent and 2.5 per cent, while market estimates place it at around 1.8 per cent to 2.0 per cent.

“For Selangor, the inflation rate as of February 2026 is 1.4 per cent and is expected to increase moderately in line with the national inflation rate.

“This development will certainly have an impact on the people, particularly due to global economic pressures on sectors that are sensitive to import prices such as oil, petrol and diesel, as well as essential goods like food, which in turn disrupts the food supply chain system in both the country and the state,” he said during the question and answer session of the State Legislative Assembly today.

Rizam added that both the Federal and state governments are aligned in efforts to mitigate the impact of rising living costs, including recent targeted fuel and diesel subsidy measures.

At the state level, Selangor has introduced intervention initiatives to ease household burdens, stabilise prices, and strengthen food supply.

“Through these programmes, households can purchase essential goods at 10 per cent to 30 per cent lower than market prices,” he said.

Meanwhile, the state government has taken proactive steps by reducing development expenditure by 10 per cent and operating expenditure by five per cent, and has been the first state to introduce an economic stimulus package to safeguard welfare and business continuity.

On April 16, Menteri Besar Dato’ Seri Amirudin Shari announced the RM131 million Selangor Resilience Enhancement Package to help the state address the effects of the geopolitical crisis in West Asia, which has pressured the global economy and driven up living costs.

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Media Selangor Sdn Bhd (MSSB), a subsidiary of Menteri Besar Selangor Incorporated (MBI), is the official media agency of the Selangor State Government. In addition to the Media Selangor news portal (formerly known as Selangorkini & Selangor Journal), Media Selangor also publishes newspapers in Mandarin, Tamil, and English.